Res 87-96 RESOLUTION NO. 87-96
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
DELRAY BEACH, FLORIDA, TO LEVY A TAX ON ALL
PROPERTIES WITHIN THE CITY OF DELRAY BEACH, FLORIDA,
FOR MAINTENANCE AND OPERATION, AND TO LEVY A TAX FOR
THE PAYMENT OF PRINCIPAL AND INTEREST ON BONDED
INDEBTEDNESS, AND TO ALLOCATE AND APPROPRIATE SAID
COLLECTIONS THEREUNDER.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS:
Section 1. That a tax of $6.95 per one thousand dollars
($1,000.00) of assessed valuation is hereby levied on all taxable
property within the City of Delray Beach for the fiscal year
commencing October 1, 1996, and ending September 30, 1997. There
shall be and hereby is appropriated for the General Fund operations of
the City revenue derived from said tax for operating and maintenance
expenses of the General Fund, and also in addition, all revenues
derived by said City during said fiscal year from all other sources
other than the tax levy for current bond service and that part of
collection of delinquent taxes levied for bond service. The assessed
valuation on all taxable property for operating purposes within the
City of Delray Beach is $2,634,640,096. The operating millage rate of
$6.95 per one thousand dollars ($1,000.00) exceeds the rolled-back
rate of $6.73 per one thousand dollars ($t,000.00) by 3.27%. The
aggregate millage rate, including the Downtown Development Authority
Taxing District, exceeds the aggregate rolled-back rate by 3.33%.
Section 2. That the amount of money necessary to be raised
for interest charges and bond redemption which constitutes a general
obligation bonded indebtedness of the City of Delray Beach is
$2,233,220. There is hereby appropriated for the payment thereof, all
revenues derived from the tax levy of $0.90 per one thousand dollars
($1,000.00) of assessed valuation, which is hereby levied for that
purpose for the fiscal year commencing October 1, 1996, and ending
September 30, 1997, upon the taxable property of the City of Delray
Beach, the assessed valuation being $2,634,640,096.
Section 3. That the above millage rates are adopted subject
to adjustment in accordance with Section 200.065(5) of the Florida
Statutes which provides that a municipality may adjust its adopted
millage rate if the taxable value within the jurisdiction of the
taxing authority as certified pursuant to Section 200.065(1) is at
variance by more than one percent (1%) with the taxable value shown on
the assessment roll to be extended.
Section 4. That public hearings were held on the proposed
budget on Septe~er 3, 1996, Septe~er 17, 1996, and Dece~er 10,
1996.
PASSED AND ~OPTED in regular session on this the 10th day
of Dece~er, 1996.
ATTEST:
City Cler~ ~
i - 2 - Res. No. 87-96
MEMORANDUM
TO: MAYOR AND CITY COMMISSIONERS
SUBJECT: AGENDA ITEM # - REGULAR MEETING OF DECEMBER 10, 1996
RESOLUTION NOS. 87-96 AND 88-96/MILLAGE LEVY AND
ADOPTION OF BUDGET FOR FY 1996/97
DATE: DECEMBER 6, 1996
We received a letter from the Department of Revenue informing us
that our millage certification documents were in violation of
their regulations.
In order to correct the violations, we have readvertised the
appropriate notices and have scheduled another public hearing to
adopt the necessary resolutions. Resolution No. 87-96 is for the
millage levy while Resolution No. 88-96 adopts the budget for FY
1996/97.
Recommend approval of Resolution No. 87-96 and Resolution No.
88-96.
ref:agmemo8
--I ........ I I
BUDGET SUMMARY
CITY OF DELRAY BEACH, FLORIDA
FISCAL YEAR t996-1997
THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE CITY OF DELRAY BEACH ARE 8.8°/o MORE
THAN LAST YEARS TOTAL OPERATING EXPENDITURES.
DOWNTOWN SPECIAL
GENERAL DEVELOPMENT ENTERPRISE REVENUE
FUND FUND FUNDS FUNDS TOTAL
CASH BALANCES BROUGHT FORWARD 60,830 40,000 2,323,000 93,770 2,517,600
ESTIMATED REVENUES:
TAXES M,~ ~, sl.ooo
AD VALOREM TAXES s.9s 17,395,220 - 17,395,220
AD VALOREM TAXES o.~o 2,252,620 2,252,620
AD VALOREM-DELINQUENT 111,340 111,340
AD VALOREM-DDA ~.oo 94,070 94,070
Sales & Use Taxes 1,525,600 1,525,600
Franchise Taxes 2,927,000 2,927,000
Utility Taxes 5,010,000 5,010,000
Licenses & Permits 1,804,020 1,804,020
Intergovernmental 4,869,510 49,390 1,633,030 6,551,930
Charges for Services 3,414,950 3~,104,880 28,519,830
Fines & Forfeitures 475,700 475,700
Miscellaneous Revenues 2,885,750 4,330 3,673,450 23,000 6,586,530
Other Financing Sources 2,219,280 412,560 775,990 3,407,830
TOTAL REVENUES AND OTHER
FINANCING SOURCES 44,890,990 98,400 29,240,280 2,432,020 76,661,690
TOTAL ESTIMATED REVENUES
AND BALANCES 44,951,820 138,400 31,563,280 2,525,790 79,179,290
EXPENDITURES/EXPENSES:
General Government Services 5,119,870 5,119,870
Public Safety 24,935,040 24,935,040
Physical Environment 293,360 19,787,240 20,080,600
Transportation 1,272,230 , 1,272,230
Economic Environment 698,510 90,200 1,778,710 2,567,420
Human Servi .ces 170,030 170,030
Culture & Recreation 6,118,950 2,714,350 370,380 9,203,680
Debt Service 2,878,450 4,932,350 298,040 8,108,840
Other Financing Uses 3,388,610 3,497,900 6,886,510
TOTALEXPENDITURES/EXPENSES 44,875,050 90,200 30,931,840 2,447,130 78,344,220
Reserves 76,770 48,200 631,440 78,660 835,070
TOTAl. EXILES AND RESaWES44,951,820 138,400 31,563,280 2,525,790 79,179,290
THE TENTATIVE, ADOPTED AND/OR FINAL BUDGETS ARE ON FILE IN THE OFFICE OF THE ABOVE MEN-
TIONED TAXING AUTHORITY AS A PUBLIC RECORD.
PUBLISH: DECEMBER 6, 1996
THE NEWS
AD If717847
NOTICE OF
PROPOSED
· TAX
INCREASE
THE PREVIOUS NOTICE PLACED BY THE CITY OF DELRAY
BEACH HAS BEEN DETERMINED BY THE DEPARTMENT OF
.REVENUE TO BE IN VIOLATION OF THE LAW, NECESSITAT-
lNG THIS SECOND NOTICE.
The City of .Delray Beach has tentatively adopted a measure to
increase its property tax levy.
Last year's property tax levy:
A. Initially proposed tax levy $17,722,073
B. Less tax reductions due to Value Adjustment Board
and other assessment changes. $51,888
C. Actual property tax levy $17,542,736
This year's proposed tax levy $18,541,496
All concerned citizens are invited to attend a public hearing on
the tax increase to be held on Tuesday, December 10, 1996, 7:00
p.m., at City Hall, 100 NW 1st Avenue, Delray Beach, Florida.
A FINAL DECISION on the prOposed tax increase and the bud-
get will be made at this hearing.
Publish: December 6, 1996
The News
Ad #717848